First Trust Multi Cap Value AlphaDEX Fund
FAB

$84.27

0.88%

Market Cap: $147M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

2% more funds holding

Funds holding: 64 [Q1] → 65 (+1) [Q2]

6.41% less ownership

Funds ownership: 56.95% [Q1] → 50.55% (-6.41%) [Q2]

24% less capital invested

Capital invested by funds: $94.1M [Q1] → $71.7M (-$22.4M) [Q2]

52% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 27

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Research analyst outlook

We haven’t received any recent analyst ratings for FAB.

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Financial journalist opinion

FAB: An Expensive But Exciting Multi-Cap Value ETF

FAB is a multi-cap value ETF with exposure to almost 700 U.S. stocks, offering a single-product solution for value investors. Fees are 0.64% and FAB manages $140 million in assets. Despite reasonably attractive fundamentals, FAB has delivered underwhelming returns in the last decade compared to a hypothetical benchmark I created based on ETFs from the S&P 1500 Composite. In addition, FAB's value features are weaker than SYLD's and PEY's, two alternative multi-cap funds appropriate for more aggressive and defensive investors, respectively.

FAB: An Expensive But Exciting Multi-Cap Value ETF

Why Now For U.S. Equity Income?

US equities, as measured by the S&P 500 Index, have performed strongly so far in 2023.

Why Now For U.S. Equity Income?

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